Ericsson, a Swedish producer of telecom network equipment, and Vodafone Idea, the third-largest carrier in India, have strengthened their collaboration. Together, the two will update the carrier's postpaid offerings and strengthen the telco's future networks. On 2 March, the businesses announced that Ericsson will launch cloud-native
Anthropic’s artificial intelligence platform Claude has suffered its second major outage in under 24 hours, disrupting service across multiple regions and affecting customers from casual users to developers. The repeated downtime has raised fresh concerns about the reliability and performance of one of the fastest‑growing AI assistants in
India’s startup ecosystem saw funding flow into quick commerce, EV mobility and growth‑stage B2B platforms as investors backed both operational scale and infrastructure enablement. Meanwhile, key business developments included talent moves, fund management expansion, and collaborations to bolster digital services. Here’s your concise roundup for 2nd March
Gold and Silver Prices in India Surge at Market Close on March 2, 2026 Gold and silver prices in India ended higher on March 2, 2026, following sharp intraday gains driven by escalating geopolitical tensions in the Middle East. MCX gold surged over 4% to near ₹1,69,000 per
The Amazon Web Services Availability Zone (AWS) data centre in the UAE was momentarily rendered powerless following an incident involving objects that struck the facility. While the United States, Israel, and Iran are in the midst of an open conflict, the incident allegedly set off sparks and a fire at
Larsen & Toubro (L&T), India's leading engineering giant, saw its shares plunge up to 7.4% today, 2 March 2026, amid the escalating Iran-Israel-US conflict. Investors worry about the company's big ties to the Middle East, where tensions are disrupting business. Timeline of Iran-Israel-US
State-owned oil marketing companies (OMCs) released the latest petrol and diesel prices for March 2, 2026, with fuel rates largely remaining unchanged across major Indian cities. The daily revision, announced at 6 a.m., reflects India’s dynamic fuel pricing system, where retail prices are adjusted in line with global
Saudi Arabia has temporarily shut operations at its key Ras Tanura oil refinery following a drone attack targeting the facility, marking one of the most significant disruptions to global energy infrastructure in recent months. The incident has drawn sharp attention from energy markets, governments and businesses worldwide due to the
Proximus, a Belgian company, plans to implement an AI-driven efficiency program that includes the elimination of 1,200 positions by 2030. In addition to halving its dividend, this action has alarmed investors, causing a precipitous decline in the stock price. Reducing staff-related expenses is the primary goal of the wider
Global oil prices climbed sharply on Monday after escalating military tensions in the Middle East disrupted energy shipments and raised fears of a wider supply shock. The spike follows attacks involving Iran, the United States and Israel, which have unsettled one of the world’s most critical oil transit routes,
Ghazal Alagh, co-founder of Honasa Consumer, the parent company behind Mamaearth, TheDermaCo and Dr. Sheth’s, has sparked an important conversation around artificial intelligence and gender bias after sharing a strongly worded post on LinkedIn. The entrepreneur and Shark Tank India investor highlighted how AI systems may be absorbing and
Amazon India has reduced fees for millions of merchants in an effort to boost its growth. In 2025, the e-commerce company covered 12 million products without referral fees. This year, they increased the coverage to over 125 million products priced under INR1,000 across more than 1,800 categories, a
Bharti Airtel will implement its AI-powered spam protection tool on text messages, including those that contain web links, that are transmitted through Google's messaging platform. In order to safeguard its clients from any online fraud, this measure is implemented. According to Airtel, this is all a part of
Ola Electric introduced its 'Ola Insiders' community initiative on March 1st, catering exclusively to its 10 million riders nationwide. Vehicle upgrades, add-ons, and referrals are just a few of the perks that community members can achieve through the campaign. A statement from Ola Electric stated that consumers can
OpenAI, on 27 February, revealed that it has raised an $110 billion funding round. The recent funding round has put the ChatGPT creator's valuation at $840 billion. This development indicates a rapid increase in investment in AI. Just before the AI startup is set to have its mega-IPO
After a fierce bidding war, Paramount Skydance defeated Netflix and announced on February 27 that it will purchase Warner Bros. Discovery. The merged firm will be valued at $110 billion. This deal finally puts an end to the five-month bidding war and establishes a new entertainment giant. This merger will
Prime Minister Narendra Modi is likely to launch the Micron Technology plant in Sanand today. This new facility is intended to commercially place India on the world semiconductor map. The memory solutions company, with headquarters in Boise (Idaho), is believed to produce 10% of its total output while operating at
Jaipur-based quick-service coffee chain Nothing Before Coffee (NBC) has secured ₹3.7 crore in on-air funding commitments during its appearance on the startup reality show Bharat Ke Super Founders, strengthening its expansion push across India’s Tier-II and Tier-III markets. The company also unveiled plans to scale aggressively, aiming to
India’s startup ecosystem recorded steady funding momentum across defence tech, proptech, enterprise infrastructure, and AI-led platforms, alongside notable corporate developments in edtech and manufacturing. Early-stage investments and growth capital continued to flow into innovation-driven startups, while companies announced strategic employee liquidity programmes and expansion ambitions. Here’s your daily
Gold and silver prices in India ended largely unchanged at the close of trading on February 27, 2026, with both metals maintaining steady levels amid mixed global cues. Gold 24K held firm around ₹1,61,020 per 10 grams in major cities, while silver stabilised at ₹2,85,000 per
In an effort to attract startups and foster innovation within the Indian Railways, Railways Minister Ashwini Vaishnaw announced the creation of a specialised tech strategy on February 26. Following in the footsteps of the defence ministry's iDEX program, the Rail Tech policy seeks to enlist the help of
In the next years, the Indian government anticipates that Apple Inc. will manufacture 30% of its iPhones worldwide in India. In light of the US Supreme Court's decision, the government does not anticipate any changes to Apple's expansion plans. The 10% fentanyl tax that was levied
India’s financial system remains stable for now, but early warning signs are emerging around household debt, consumption-driven borrowing, and declining savings, according to the latest Financial Stability assessment released by the Reserve Bank of India (RBI). The findings have sparked fresh debate among economists and market observers after data